Dennis Kneale is the mother of all asshats, betting homofied martinis for a bullish close. I mean really, how does the SEC allow CNBC to make such irresponsible remarks to such a large audience?
I say, offer them silver bracelets and an extended stay at Rikers Island.
Going into the final hours, it appears the bottom fishers are out and about, trying to jerk the market higher. However, I cannot get behind such trades, with the banks on the verge of catastrophic credit downgrades.
Basically, if you have to buy here, do yourself a favor and invest no more than 5% of your assets.
Take it easy. Get light, drink some crack cocaine and call it a day.
Personally, I am basking in my own glory. I am so Godly right now, I am radiating. With double digit gains year to date and a bountiful 60% cash position, “The Fly” has opted to start his own language and shit or start pronouncing words in a manner that pleases him—not society.
Words such as “Hello” can now be pronounced as “Heeloe. ” Or “ridiculous” can now be pronounced as “ryedickyouless.” You get my drift.
These are some of the imporant matters I am partaking in, while the market adds digits to my checking account.
UPDATE: I am selling most of my inverses here and covering all shorts, including VNO. I will hold 10% short, 5% long and 85% cash.
Developing…
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Keep this for reference
Dow will close above 8400. I dreamt it last night. Its amazing but today is progressing just like the dream I had last night. Even the exact numbers. I saw FAS in the lows $12s in my dream before it rocketed into the close. TNA too was at $23 before closing above $27. Crazy stuff.
January 15th, 2009 at 1:46 pm
market going back up. says it all in Vix. guess we shall see. perhaps we get another big bailout news
Using my time machine I was able to find THE FLY video here: http://www.youtube.com/watch?v=Xo4gsW5c72A
Great stuff FLY. Hilarious.
Fly:
Fuck Dennis Kneale
It’s time to buy stocks
Huzzah. Just rolled out of BGU and QLD lots bought at near lows today. A 5k profit. Not bad for a full retard like me.
Paid for my suh-weet ’99 GMC CarbonFootprint 5000. Off to chomp cigars and burn fuel.
The Fly looks exactly as I pictured him in my nightmares
FLY!
PPT will be spitting out buys here no?
This information that the PPT spits out will be very critical bullish data that your readers will eat like pop tarts.
Hit me brother!
congrats, good trade Boomer
Real time PPT data please
Set that shit on stuff swinging from oversold to yummy.
Do you have that setting?
This rally started a bit early for my tastes. Would look for a pullback into the close
Starring Brent Rose. Is that you FLY – Brent Rose . Or did you hire some poor schmuck to play you ?
you heard it here first, poster nearly 3 hours ago.
Stuart06230 Says:
see how $tick points out tradable bottoms.
http://wontbefooledagain-stuart.blogspot.com/2009/01/see-how-tick-points-out-st-bottoms.html
January 15th, 2009 at 11:21 am
Holy Shit…good scoop on the fly show!!!
SOLR is still a HOT HOT HOT buy!!!
Market turned because Obama said he will veto the vote tonight if congress and the senate withhold the second $350 billion in Tarp funds….
This is a very manipulative time my friends….
Fly doesn’t look like such a weak bear now, does he DevilDog (AKA dumbass)?
Benchmark 30-year mortgage falls below 5% for first time
look at the volume shifting to the upside…looks the downleg is almost over…maybe…
Thanks, boca, but it was pretty sloppy and irresponsible. Too large of a position. Thankfully, I got lucky. But I could have just as easily gotten my face stomped.
I made a lot of mistakes last year re: building and exiting positions. I have been pretty disciplined so far, except for this thing today.
I am now only 10% invested with 500 QLD, 500 BGU. I will probably not ever get more than 50% invested again. Too much surprise buttseks last year.
Seven straight down days don’t happen often. Stocks were oversold with MANY stocks were hitting their 50% retracement level from the November lows to January highs yesterday and today.
Seems like an ideal spot to get long with a clearly definded tight stop.
SPY 82 and QQQQ 28.50 were critical. or it would have been 2008 lows today. but its was too much too quick.
-The Fly” has opted to start his own language and shit or start pronouncing words in a manner that pleases him—not society.
haha … funny man
I mistimed my sale of all of my FAZ and SRS shares but still came out with a nice profit… 15% long , 85% cash… market looks tempting but I think i’ll pass for today
Boca, No goats in your fantasy … how many guys & dolls then?
What about Hank Paulson’s $500 mill “blind” account? I hope the thing is down to $50, but no such luck. Closing at the lows per Fly, I mean per DevilDog.
@Stuart06230 –
your QQQQ shows that the QQQQ seems to be somewhat fractal as there are a lot of similarities with the MA(5) on the swing trade side.